Government-sponsored enterprise Fannie Mae announced on Thursday the appointment of Scott D. Stowell, a homebuilding executive with nearly 40 years of industry experience, to its board of directors. “Mr. Stowell brings nearly... Read more »
Guild Mortgage CEO Terry Schmidt said during a third-quarter earnings call on Wednesday that Guild’s reverse mortgage division continues to contribute to companywide strategies, and that additional interest in reverse has been... Read more »
One day after Donald Trump’s victory in the U.S. presidential election, officials at the Federal Reserve announced their decision to cut the benchmark interest rate by 25 basis points to a target... Read more »
The Los Angeles County Board of Supervisors on Wednesday approved the county’s purchase of the Gas Company Tower, one of downtown L.A.’s most prominent skyscrapers, paving the way for the transfer of... Read more »
In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce. Whether it’s refining your business model,... Read more »
Rudin secured a new, long-term headquarters lease with construction company Urban Atelier Group at 41 Madison Ave. in Midtown South’s Flatiron District. The tenant signed a 15-year lease for 25,268 square feet and plans to relocate from its... Read more »
Downtown Burbank has added to its housing and retail with the completion of the second phase of First Street Village, a three-phase mixed-use apartment community located at the intersection of First Street and Magnolia... Read more »
Kennedy Wilson Brokerage arranged a 5,600-square-foot lease at 909 S. Santa Fe Ave. in the Arts District neighborhood of Downtown Los Angeles. Online electronic music streamer Beatport will take over the creative office space... Read more »
Fathom Holdings, the parent company to Fathom Realty, announced a new promotion in its executive leadership team. On Wednesday, the firm hired former senior vice president of finance Joanne Zach as chief... Read more »